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The Importance of Tax Escrow Payment Processing for Mortgage Servicer Operations

Appraisal Buzz

Mortgage tax escrow payments for local property owners and government processors continue to serve as a crucial source of revenue for local governments. Among these payments, timely settlement of local property taxes holds particular significance.

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Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

How much does a typical low-income first-time homebuyer with a Fannie Mae -backed mortgage bring to the closing table? The typical low-income first-time homebuyer with a Fannie Mae-backed mortgage also has a 747 credit score, the research paper shows. In 2020, about 4% of Fannie Mae-acquired purchase loans went to Black borrowers.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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The Benefits of Working with a Local Florida Real Estate Expert

Lamacchia Realty

THE BENEFITS OF WORKING WITH A LOCAL FLORIDA REAL ESTATE EXPERT Navigating the complex world of buying or selling property can be challenging, particularly for those unfamiliar with the intricacies of the Florida real estate marke t.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

How are divorce appraisals different from standard mortgage lending appraisals? Tax appeal. Typically, this would be for local property tax appeals. Find out in our CE course, Divorce and Estate Appraisals: Elements of Non-Lender Work. Bankruptcy. Learn more.

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4 Effective Steps to Find Commercial Rental Properties for Sale

The Robert Weiler Company

Once you focus on these criteria, you will have a better understanding of where you want to begin your commercial property search. Property taxes in the area. Local amenities. Average prices of comparable commercial rental properties available in the area. Rental property insurance. Property management fees.

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Key Considerations When Buying Your Retirement Dream Home

Eppraisal

Evaluate your budget, including the down payment, ongoing mortgage payments, property taxes, and maintenance costs. Explore financing options tailored to retirees, such as reverse mortgages or home equity lines of credit, to maximize financial flexibility. Future Needs Anticipate future needs and plan for the long term.

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